Pareto's Manual of Political Economy, first published in 1905,
introduced the analytical approach which has characterised a
significant part of twentieth century economic theory. In
particular, the Manual examined the ordinal representation of the
individual choice, the issue of the general economic equilibrium
and the Pareto optimality criterion for evaluating economic
efficiency. The Manual also contained analyses of production,
non-linear prices, non-competitive markets and the competition
process, which have not yet been fully developed in modern
mainstream economics.
Based on Pareto's groundbreaking 'Manuale di Economia Politica',
this edited collection brings together a selection of essays from
some of the most authoritative scholars of Pareto, who discuss the
relevance of Pareto's economics in the context of the present
theoretical debate.
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